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Violation Tracker Individual Record

Company: Walmart
Current Parent CompanyWalmart
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $144,000,000
Year: 2019
Date: June 20, 2019
Offense Group: competition-related offenses
Primary Offense: Foreign Corrupt Practices Act
Secondary Offense: kickbacks and bribery
Violation Description: Walmart agreed to pay $144 million to settle alleged violations of the Foreign Corrupt Practices Act by its subsidiaries in Brazil, China, India and Mexico. The Justice Department brought a parallel criminal case on the same issue; see separate Violation Tracker entry.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Arkansas
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: retailing
Specific Industry of Current Parent: retail-discount stores
Source of Data(click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.